The process a person has to undergo to open a bank account Essay Example for Free

The process a person has to undergo to open a bank account Essay The bank will have in place a process that customers must have to follow to enable them open an account. This process involves various activities that the application must have to go through before a decision can be made to open an account. The initial process starts once the customer enters the Bank and speaks to a Customer Service Adviser about opening a new bank account. The adviser will asks the customer various questions in order to establish the customers banking needs. This enables the adviser to clarify what kind of account is more suitable for the customer. Since the customer does not know what kinds of bank accounts are available, the Customer Service Adviser enables this process to take place. Without the support of the adviser, the process of opening the account might have been more difficult and time consuming. The customer is also advised on the time duration it might take in the process of opening the account. The customer then has to fill in an application form which enables the process to move to the next stage. The customer can call on the adviser for assistance in filling out the form at any point in time. Once the form has been properly filled in, it is processed by the bank staff (using processing software on the computer by sending the information to a referencing agent to check if the applicant details are correct and for a credit check to find out if the customer has any adverse credit history. These are guides used by the bank to determine whether the information given by the applicant is true and to decide on credit facilities that might come with certain bank accounts). The information sent off is then verified and sent back to the bank. All the information sent are assigned scores using guides (software) that the bank has installed to make the process more efficient. Depending on the customers score, a suitable account would be recommended. A decision will then be taken in regards to the opening of the account and details of the account are entered into the computer. At this point of processing the account, some delays would be experienced while the adviser inputs the details of the new account into the computer. While this is being facilitated, the customer then receives details of his/her account. The customer leaves now as their input into the process of opening the bank account has been completed. The account details and customer information relevant to operating the account is then sent for printing to the card manufacturing company. The machinery, plastic and paper used in the process of manufacturing the relevant items for the bank enables the process of opening the account to be completed. The cheque book, card and pin number for use with the account are then mailed by the printing company to the banks customer or sent to their local branch for collection. Once the cheque book, card and pin are received by the customer, it enables the use of the bank account and without this, the operation of the account would be made more problematic. Volume looks at how many different jobs one person performs in the business. In a supermarket, each person works one station on a shift and rarely swaps during it unless it is extremely necessary. In some cases, there are enough people employed in the supermarket so that they only ever have to perform one duty during their time employed there. In the supermarket, there are sometimes 20 people working on the tills during the busy periods but often there are not this many people working in a bank at any one time. By having this high Volume, you will find that the each person will find their job extremely repetitive as it is all they perform all day long. In some cases, people will work behind a till for 8 hours a day, 5 days a week for several years. This high repeatability often isnt appealing to a lot of people though. However, since people are performing the same tasks day in and day out, they become an expert in their area. This leads to highly specialized people in the supermarket which is good for the business. In a bank, there are normally two or three people who deal with the individuals bank accounts, and processing cash transactions, and then there is one person who deals with opening bank accounts, another working on loans, and someone possibly dealing with mortgages. This low volume of staff means that if anyone is sick, then the other staff will be required to cover the area for the duration. If you work in a bank, your position is often changed to where you are required most so you need to be multi-skilled and have good knowledge of the job. Variety looks at the degree in which the business responds to different customer requirements. A supermarket would have high variety as they order in a wide variety of products, made by different brands and sometimes of different ethnic origin to appeal to a wide variety of tastes. This means that the supermarket is flexible about what it orders, in order to meet the needs of the customer. A bank has very low variety in terms of the accounts they offer. They have their standard set of accounts such as Flex account Savings and ISA but there are few variations off the standard model. 90% of people who go into the bank to open up a savings account will leave with the same account. These standardised accounts make the whole process of opening up a bank account very routine and so the staff working there could do it with their eyes closed. Variation In Demand is how much demand changes over a period of time. In a bank, the accounts very rarely change. The main changes to them are the interest rates but this is usually determined by the government and so changes are infrequent. This keeps the bank in a routine, and also proves them to be very predictable in what they offer to the customer. This means that it doesnt matter when an individual opens a bank account as it will almost always be the same. In a supermarket however, there are seasonal changes constantly. They cater for all of the holidays that occur over the year, Christmas, Valentines Day, Easter, Summer Holidays and Halloween. They need to order in the seasonal goods in advance to the holiday so that it entices people to buy them early. They can also adjust their ordering to meet customer demand, i. e. if the store holds a Buy One Get One Free offer on a particular popular product, then they know that they are going to sell a lot of it therefore they will adjust their ordering accordingly. After the promotion finishes, it is highly unlikely that they will continue to sell the same numbers so they will reduce the amount ordered. Visibility relates to where the process is carried out. In a bank, you see very little of the processes being carried out in front of you therefore there is low visibility. Credit Checks are done online by an independent company, cards and chequebooks are manufactured in another place altogether, Money is taken from you and put into a till and your account credited electronically. Sometimes, especially if you are paying in a cheque, there is a time lag between processing your transaction and seeing the results. It can take up to a week to send out new cards, new chequebooks, or new PIN numbers if you lose them and so this could be problematic for the consumer, as they may not have access to any money during that period of time. In a supermarket though, you see quite a few processes occurring in front of you. You can see people continuously stacking up shelves to ensure there is food available for the customer and you see your food being processed through the tills. This leads to low waiting tolerance however, and the consumer always wants their product immediately and often voices their dissatisfaction if they are unable to get exactly what they want. On the Deli counter, you can see your choice of meat being cut exactly how you want it to be and wrapped for you, and in some supermarkets, you can even choose for someone to make your own personal pizza for you. In order to offer these services, there needs to be good customer service skills in place so that any questions regarding anything in the store can be answered if needed. Company success relies heavily on consumer satisfaction and so the store must ensure that the shelves are full, that there are a wide range of products on offer, and that customer service skills are excellent. By offering all of these things, the supermarket can ensure good satisfaction and repeat business.

Save the Arts :: essays research papers

Within the past few years, the government has been taking major strides to improve the education system by increasing the funding for our school systems and programs. They are increasing the school?s funding by taking away the funds from the art, dance, and theatre classes, among other programs. As a student raised in the atmosphere of the arts and a student now majoring in theatre, I feel very strongly that the government is making a major mistake by taking money away from the arts.   Ã‚  Ã‚  Ã‚  Ã‚  The arts should be supported because children earn a great deal of self-confidence by being involved in the arts. The children?s self-confidence level is increased through the arts because children are more free to express how they really feel in any and all situations. In the completion of a project, generally there will be some sort of reward, whether applause or recognition for a job well done. The rewards make children feel special, valuable, and important. All of the recognition and support that is received through the arts make it quite easy for a child to gain great self-confidence.   Ã‚  Ã‚  Ã‚  Ã‚  The arts also help children to improve their social skills. Being involved in the arts teaches one teamwork. Through these fine art groups and activities one will learn to do their best as an individual, yet come together with others in order to put on the best show possible. Teamwork is a great way to teach a child the social skills which indeed, are needed to carry them through life.   Ã‚  Ã‚  Ã‚  Ã‚  Children involved in the arts learn a great sense of responsibility. Children are already responsible for a lot in school, but when they are involved in the arts, not only do they have to make time for homework, but also make time for their lessons and rehearsals that go along with being involved in the arts. These children work hard, and are pushed to be all they can be, and they truly learn what it is like to be responsible.   Ã‚  Ã‚  Ã‚  Ã‚  Children in the arts learn three of lives most important skills: self-confidence, social skills, and a sense of responsibility. These skills cannot be taught in a class or out of a book, but one must learn it for themselves by taking part in something that teaches them these skills.

Citizens of Karachi

ALI REHAN (O5461) BLOODSHED EVERY WHERE, BLOOD IS ALL AROUND IS THE BLOOD INVISIBLE? WHY AREN’T WE REACTING? Citizens of Karachi are witnessing probably the worst of the times this city has ever gone through. Despite the horrible circumstances prevailing in the city, it is difficult to mention even a single act of public retaliation strongly condemning it in rightful manner. Have the citizens silently approved all that is happening and learned to live with it? If not, then why don’t we hear a call to end this?Since when have these people turned so passive, why don’t they react? A little deeper look into it will show that people do react. Reaction should be a source of damage control, but here, unfortunately, the way people react makes it a cause of worsening situation. Blood isn’t invisible, we see what is happening, and we hear who is crying, we know that next may be us, fear is all around, we feel helpless! The fear that surrounds us and state of being d irectionless has turned us into passive retaliators who do no harm the people who instill fear, instead, retaliate, but to our own harm.Burning our own city during protests is commonly seen. It is very unfortunate that citizens of Karachi-for most of the times-act as part of problem. Almost every instance of protest for a ‘right cause’ ends up in ‘wrong ways’. People have stopped trusting each other. A citizen of Karachi cannot imagine trusting strangers. And for a Karachiite, stranger is every person who is not his/her family member, with exception of a few close friends (rarely). DON’T AGREE Try answering this. How many people (outside your immediate family) , can you entrust with RS 1 lac and get the amount back when demanded?Security guards have become a need, we don’t feel secure. People have left enjoying the way they did in past (there is a reducing trend observed amongst the number of people visiting cinemas, amusement parks, and domes tic tourism). A financially well-off person avoids enjoying luxuries he/she can easily afford from the fear of becoming one of the victims of crime. There are hundreds of people who avoid purchasing expensive cars, motorcycles, cell phones etc , as they know that in a city like ‘Karachi’ , those (police) entrusted with duty to guard your possessions-can make you penniless!Here, criminals have free hands to operate and strong links to escape punishment. It is important to look at how the reactions varies with the social class people belong to. Upper Class that is financially well of, employs security guards, lives in safe areas, and waits for the first opportunity to emigrate†¦this class has isolated itself from the problems faced by common people. They worry a lot, but face a little. With every penny of their possessions ‘insured’, there is nothing they would loose.Middle Class employs all its resources to educate itself, and those who succeed, aim to fly abroad at given opportunity (dream is US, CANADA, UK, and MIDDLE EAST). They are the people with maximum potentials. It is always the middle class that plays the most active role in bringing revolutions. Lower Class (which is the largest of all),cannot educate, cannot move abroad, and has limited opportunities to grow, feels insecure. And as a way out—joins the strongest militant group and participates in increasing violence in the city. This is how violence is reciprocated with further violence.How will this cycle stop..? There is no end to the cycle until those with resources (upper class and middle class) aren’t concerned with solving the issue. There is no end to bloodshed until citizens stop complaining and start challenging the authorities whose interests this killing serves. There is no end to killing until a leader emerges to guide efforts of masses in a right direction. There is no end to killing until we learn how to react . How long does it take for a ci tizen of Pakistan to get a bad news to hear? The country has blood flowing all around.Here people die for reasons, and people die for no reasons. The short-tempered spice loving citizens of Pakistan are habitual of relaxing themselves employing ways that are not only futile when it comes to resolving their issues, instead, they create further worse issues for others to face can hardly recall any public protest that served its purpose without having caused destruction to state property and public assets. A call to strike means that lacs of people who are daily wage earners will have a day to worry for their need expenditures.People blame and react on suspicions. Our present is full of incidences of political target killings throughout the country and though it has been going on for a long time-our government intelligentsia has delivered a complete failure in figuring out how to stop it. Now let us wait for an angel to visit them and whisper in their ears â€Å"you need to control su pply of arms and killings would stop. † Another wrong way of reaction is displayed by media in our country-it over reacts.In an effort to sell their story and attract maximum viewership, electronic media channels sensationalize stories to extent of their creativity and capability. Television channels rarely consider the impact that their news transmission is likely to cast. Hours long broadcast of a single act of terrorism only serves the purpose of terrorist groups as terrorist want their projection to spread fear and media help them achieve their desired objective. How will this be corrected? All the problems that have been created by us need to be fixed by us.At many instances, we are part of problem and at numerous others, our silence over a problem signals that we are ready to live with it. Following examples may seem harsh, but they are a true reflection of reality. We are mentally prepared before sending our children to school, college, university that security of our c hild is not guaranteed and we would accept any mishap as undeniable/inevitable fate. We may sooner or later get to hear news of our close relatives’ death in a bombast, street crime incident or target killing attack and our lives may also end one day in much the similar way.As there is no single problem, there is no single solution. Each one of us will have to consider what lies in his/her sphere of influence, and try to correct that boldly. Courage will have to be demonstrated and sacrifices need to be made. Words do not count, it is our actions that matter. A great quotation of HAZRAT ALI is â€Å"the maximum limit of cruelty is determined by the tolerance level of the oppressed† . We need to be intolerant towards wrongs and challenge it bravely. Nothing would change until we learn to react and react in right manner.

Heart of Darkness by Joseph Conrad vs. Things Fall Apart...

Heart of Darkness by Joseph Conrad and Things Fall Apart by Chinua Achebe are two novellas written to make a statement about the struggles of early societies. Both stories stir up moments of hope, anger, disappointment, despair, and enlightenment in an attempt to inform the reader of the injustices and societal differences during the 1800’s. Heart of Darkness tells the story from a European Colonist perspective while Things Fall Apart illustrates the outlook of the African tribe member being colonized. Throughout this piece I will investigate these unique texts in hopes of revealing the symbolism behind the trying stories. I will compare and contrast the narratives and decipher the outlooks so that the reader can learn to appreciate and†¦show more content†¦Some clan members, however, do rebel and burn some of the preachers’ shelters. This results in a big meeting, both European and African. At the gathering the tribe members are told to decease from any futur e acts of destruction or rebellion. Expecting his fellow people to support him, Okonkwo kills their leader with his machete. However, when the crowd allows the other Europeans to escape, Okonkwo realizes that his clan is not willing to go to war. Soon after the murder, Okonkwo prideful character, and inability to accept defeat, results in his suicide. Heart of Darkness and Things Fall Apart exemplify two different perspectives of African Literature. In Heart of Darkness, Joseph Conrad shows the African Culture through the eyes of the ‘white man’ or colonizing Europeans. In this story the native Africans are depicted as vicious savages. â€Å"In response to Conrads stereotypical depiction of Africans, Chinua Achebe wrote Things Fall Apart through the point of view of the natives to show Africans, not as primitives, but as members of a thriving society. Things Fall Apart follows Okonkwos life as he strives for prestige in his community. When European missionaries come to Umuofia, Okonkwos clan, Okonkwo tries to protect the culture that the missionaries would destroy in the name of civilizing the natives. However his rigid mentality and violent behavior has the opposite of its intended effect, perpetuating the stereotype of the wild African in the eyes of theShow MoreRelatedHeart Of Darkness, By Joseph Conrad Essay2290 Words   |  10 PagesThe author of Heart of Darkness, Joseph Conrad, and the author of Things Fall Apart, Chinua Achebe, both present two stories written in completely different perspectives on the way whites and African’s view each other. These two men also lived in completely different time eras than each other, along with opposite life styles which affected their view on their writings, for Joseph Conrad lived in the late 1800’s, born in Ukraine, and Chinua Achebe in the early 1900’s, born in Nigeria. Man’s fallenRead MoreThings Fall Apart vs. Heart of Darkness Essay1617 Words   |  7 PagesAfrican Colonization through Literature: Things Fall Apart Vs. Heart of Darkness History is an extraordinary mix of truth and fiction. The dichotomy that is bred from different historic al perspectives opens the eyes of those who study history to the semi-fabricated nature of much of humanities past. For most of recorded history, events have been recorded and retold through the eyes of the victors. Only recently have people had the opportunity to view both sides of issues. The Western practiceRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesglobalization, both of which can be seen as hallmarks of the opening decades of the twentieth century. This intermingling of the forces and processes that were arguably essential components 2 †¢ INTRODUCTION of two epochs we routinely set apart as centuries suggests the need for flexibility in demarcating phases of world history, and for determining beginnings and endings that accord with major shifts in political and socioeconomic circumstances and dynamics rather than standard but arbitrary